Trucking Business News

About Business News...

Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.

Business

Rush Enterprises’ 1Q Profit Slips

Truck dealership Rush Enterprises’ first-quarter profit declined to $2.2 million, or 6 cents a share, from $2.9 million, or 8 cents, a year ago.

April 22, 2010
Business

USA Truck’s 1Q Loss Widens

USA Truck Thursday reported a $3 million first-quarter loss, compared with a $1.9 million loss a year ago. Per-share, the company lost 29 cents, compared with 18 cents last year.

April 22, 2010
Business

Producer Prices Increase in March

Prices paid to U.S. producers rose 0.7% in March, the Labor Department said Wednesday.

April 22, 2010
BusinessLogistics

Union Pacific’s 1Q Earnings Improve

Union Pacific Corp. said Thursday its first-quarter profit jumped 43% from a year ago as volumes increased.

April 22, 2010
Business

Jobless Claims Decline for Week

Initial jobless claims fell by 24,000 last week, the Labor Department said Thursday.

April 22, 2010
Business

Knight Reports Higher 1Q Profit

Truckload carrier Knight Transportation said its first-quarter profit rose 5.1% to $12.3 million, or 15 cents a share, from $11.7 million, or 14 cents, a year ago.

April 21, 2010
BusinessLogistics

Forward Air Swings to 1Q Profit

Forward Air Corp. reported a first-quarter profit of $3.4 million, or 12 cents per share, compared with a loss of $3.1 million, or 11 cents, a year ago.

April 21, 2010
BusinessFuelGovernment

Forward Air Swings to 1Q Profit

Forward Air Corp. reported a first-quarter profit of $3.4 million, or 12 cents per share, compared with a loss of $3.1 million, or 11 cents, a year ago.

April 21, 2010
BusinessLogistics

Hub Group’s 1Q Earnings Increase

Logistics, intermodal and brokerage firm Hub Group’s first-quarter profit grew to $8.7 million, or 23 cents a share, from $6.2 million, or 17 cents, a year ago.

April 21, 2010
Business

UPS, FedEx Resume European Flights

UPS Inc. and FedEx Corp. have begun getting flights through their major European hubs, following the slowdown in air traffic this week due to the volcano in Iceland, the Philadelphia Inquirer reported.

April 21, 2010